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Shortsville

Learn about the people, housing, costs and businesses in Shortsville, New York

Median Home$120,100
Median Rent$1,147/month
Population1,399
Leading IndustriesEducation · Retail3% education
Home Value Growth⬆⬆+13.0% over 2 years
Young Adults23% of residents
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Shortsville
NY

Frequently Asked Questions

What are today's mortgage rates in Shortsville?

As of today, the 30-year fixed mortgage rate for Shortsville is approximately 6.881% (6.917% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Shortsville?

The median home value in Shortsville is $120k. The median monthly rent is $1,147. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shortsville?

Home values in Shortsville have increased 13.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Shortsville?

Based on a typical all-in ownership cost of $1,036/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shortsville is $83k/year.

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What industries drive the economy in Shortsville?

The largest employment sectors in Shortsville are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.